Breakout in NSC Home › Forums › Swing Trades › Breakout in NSC This topic has 1 reply, 1 voice, and was last updated 9 years, 1 month ago by Steven Place. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts March 12, 2014 at 9:21 am #2482 Steven PlaceKeymaster Great relative strength and a very nice cup and handle pattern. The Apr 95 calls at 2.90 or lower is the trade I like, with a stop at 93.28. April 7, 2014 at 10:20 am #2483 Steven PlaceKeymaster THe stock broke out, but then just chopped around for a month. Instead of having price risk in this trade, we had theta risk (not fun). Sell to close the April 95 calls for 2.00. I will definetly keep this on the watchlist due to its relative strength, and will rebuy MAY calls if it breaks out. Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In